Noreuitsooliome Options v Quesnon 29 of 41 29 Price ofDemand

Noreuitsooliome Options v Quesnon 29 (of 41 29. Price ofDemanded 1250 1000 750 500 250 25 50 100 125 Refer to the table shown. which shows the dlemand schedule for a firm that has a monopoly on the sale of leotops. if the frm were to set the price of computers a $500 O marginal revenue would be postive cnd s O merginal revenue would be negative O it would maxmae profits ?Type here to search

Solution

Solution-

The correct option is A. Marginal revenue would be positive.

Reason-

Demand Schedule shows how many individual firms can sell at each potential rate. In other words, it refers to the price that takes place in the amount it can sell.Marginal revenue of monopolist is positive.